5 Rainbow Ct
Urbana, IL 61802
3 bd 2 ba 1,840 sqft Built 1962 Lot 7,841 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $32,920 | $14,010 | $46,930 | $4,139 |
| 2024 | $32,920 | $14,010 | $46,930 | $3,956 |
| 2023 | $31,120 | $13,240 | $44,360 | $3,666 |
| 2022 | $26,140 | $11,120 | $37,260 | $3,383 |
| 2021 | $24,360 | $10,360 | $34,720 | $3,100 |
| 2020 | $22,310 | $9,490 | $31,800 | $2,775 |
| 2019 | $22,310 | $9,490 | $31,800 | $2,696 |
| 2018 | $22,470 | $9,560 | $32,030 | $2,689 |
| 2017 | $21,990 | $9,360 | $31,350 | $2,709 |
| 2016 | $23,150 | $9,850 | $33,000 | $2,869 |
| 2015 | $23,150 | $9,850 | $33,000 | $2,901 |
| 2014 | $24,370 | $10,370 | $34,740 | $3,046 |
| 2013 | $25,650 | $10,920 | $36,570 | $3,198 |
| 2012 | $28,220 | $10,180 | $38,400 | $3,036 |
| 2011 | $28,220 | $10,180 | $38,400 | $2,999 |
| 2010 | $26,360 | $10,780 | $37,140 | $2,644 |
| 2009 | $26,360 | $10,780 | $37,140 | $2,597 |
| 2008 | $30,300 | $10,650 | $40,950 | $2,915 |
| 2006 | $29,000 | $10,190 | $39,190 | $2,816 |
| 2005 | $31,200 | $6,550 | $37,750 | $2,716 |
Property facts
Year built
1962
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,840 sqft
Lot size
7,841 sqft
ZIP code
61802
City
Urbana
Street
Rainbow Ct
Coordinates
40.10365, -88.18335
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 5 Rainbow Ct last sell?
No public-record sale is on file for 5 Rainbow Ct.
What is the current tax assessment for 5 Rainbow Ct?
The most recent total assessment for 5 Rainbow Ct (year 2025) is $46,930 with $4,139 in property tax.
When was 5 Rainbow Ct built?
5 Rainbow Ct was built in 1962.
How does 5 Rainbow Ct compare to others on Rainbow Ct?
We track 1 other property on Rainbow Ct. Browse the list under "Other properties on Rainbow Ct" to compare beds, baths, and sale history.
What are the property facts for 5 Rainbow Ct?
5 Rainbow Ct is a 3 bed, 2 bath, 1,840 sqft, 7,841 sqft lot single_family.
Is 5 Rainbow Ct a flip candidate?
No — 5 Rainbow Ct does not appear in our flips dataset.
Is 5 Rainbow Ct a tax-appeal candidate?
No — 5 Rainbow Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Ct